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 EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL

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debbierowe
post Mar 17 2016, 02:43 AM

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Whatever, VP, CCC, even the photos legitimate or what not, it's the hotel floor or the residence floor, argument here of which sequence of which is correct And what it all means, or even if we have some lawyers, architect to-be etc....

First of all why no explanation from Developer, for those who started paying instalment but yet to have the keys ? Why bother to issue LAD to the Lim guy on some Facebook post instead of having explanation and testimonial from owners that they r happy with the unit, looking fwd to moving in etc , This alone, just shown the developer is in shithole.
debbierowe
post Mar 17 2016, 02:51 AM

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QUOTE(aspartame @ Mar 17 2016, 12:11 AM)
I am not so sure wrapping up at RM250k is a good idea.
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If 10th floor and above, if the condition is like this photos in FB, worth to spend extra 100k to make it liveable. But bear in mind this is a condominium , if the main electrical distribution and all the major facilities like water, piping, sewage , Internet etc are not in proper stage yet, sell 100k also no one will buy (unless sold as whole block to another developer to continue the work)

It's like those houses that being sold by the council at Liverpool for £1, still no one would want to stay there as its a shithole. biggrin.gif
debbierowe
post Mar 17 2016, 08:31 PM

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QUOTE(JustNobody @ Mar 17 2016, 10:49 AM)
Developer will have meetings first for every move they want to make. Simply explain will make them into more trouble if others owners decided to stand up and show that this is actually the real thing... Issue LAD can frighten of owners and make people think twice before taking any action like posting in the web... Some owners may also think not to force them too much as they want the developer to finish the job rather than the developer may ended up pack and go.
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That's exactly my point, which means the developer is guilty as hell. And if any buyer dream of not pissing them off will allowed them to finish these developments, they are stupid as hell too. But really pity their unfortunates. This would take decades to settle.
debbierowe
post Mar 17 2016, 08:35 PM

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QUOTE(Giant @ Mar 17 2016, 06:12 PM)
Sidek Teoh, MEH is using the SPA lawyer to go against buyer? but buyers also apointed Sidek Teoh, so sidek teoh should against or protect which party?
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Yup. The price to pay now for "free SPA"
Speaking from experience, kena once to. But not big misfortune like this la... Total lost RM 200++, for the whole Block C, stupid developer just strike a windfall of atleast half a mil out of nothing
debbierowe
post Mar 17 2016, 10:18 PM

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QUOTE(Minolta @ Mar 17 2016, 09:00 PM)
Wah this thread suddenly so hot.

Owners must be sweating.

6 month VP still no CCC.

Developer keep saying soon soon soon. Once CCC cum, any tom dick Harry can go in there Liau. Then more pictures cum out.

So unlikely CCC for few more months sum more.

Means keep paying installment and maintenance.

Owners must be sweating
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few more months?bank money already all in dev's pocket, probably already long gone. And looking at the ignorant level of the developers, expect years - that is if someone decided to "bail out" these buyers.

another Talam
debbierowe
post Mar 17 2016, 10:25 PM

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QUOTE(nookie188 @ Mar 17 2016, 08:58 PM)
extremely risky especially if under non HDA as the developer and lawyer can make the SPA
as one sided as they want to... established developers usually do not want to tarnish their repute
so they are less likely to cheat buyers but MEH does not seem to be in that category.
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taking these cheapskate "free SPA" will always lose out, depend more or less only, based on my twice experience bought properties in KL.
Because the lawyer "represent" both seller (developer) and buyers, conflict of interest. (this is NOT ALLOWED in UK, where I am living now, buyer, and seller must have TWO different Law firm to represent them). Cases in Msia, anything happen, lawyer will always side the Developer. from very small issue like retention sump, snagging, to big case like this Empire City.

So don't be cheap skate and appoint own lawyer for buying property, but the thing is, any SPA drafted by developer's lawyer, usually do not accept any negotiation of omit of any clause, it's a take it or leave it situation. That's why law-cautious people, will rather buy sub-sell.
debbierowe
post Mar 18 2016, 02:28 AM

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QUOTE(b3ta @ Mar 18 2016, 12:24 AM)
Er I don't think that is right .

If you sign a developer spa drafted by a developer lawyer then the lawyer represents the developer. You need to get your own representation if you want to dispute.

No conflict of interest
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Isn't that too later already?
You should have your lawyer, looking thru the SPA and highlight any dodgy clause to you, before you sign.
debbierowe
post Mar 18 2016, 03:53 PM

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Whatever it is VC CCC CPC HDA SPA etc etc... There owners already started paying instalment for 6-9months+ for a place that they cannot enter, do not have keys, not even have doors, no lift, no facilities nothing. Kinda understand Mr Lim position here, he has nothing to lose, albeit, maybe, nothing to gain except promoting his electrical appliance shop a bit. For owners, most of them are hoping for the best, keep paying instalment instead of having a bad credit in the future, ruining owns lives, and finger-x the developer will eventually finish the units, rather not piss them off by going legal or dispute. That may explained why owners are keeping quiet.

But still, thanks to Mr Lim that open cans of worms and still keep going... i.e. Instead of clarify why owners have no keys but already paying instalment, they issued LAD for Mr Lim, instead of clarify the real unit is fit for VP and show the photos of the actual complete unit, while they just keep emphasise Mr Lim showed the "wrong floor" which is the hotel. And it's a condo, not landed, without facilities, proper common areas, accessibility, how to live in, or even start renovate with that kinda finishing?

This project also has a quite-affordable price range for its location, with mostly small units below 500sq ft. Attracted a lot of first time home buyers, mostly want to stay there and get out of being a high rental victim of Klang Valley, a few buy-to-let investor, few flippers, and even less or maybe none overseas speculators that bought like 10-20 units. It's looking really bad and negative for the owners. Feel very sorry for them.

For those of us here that is not owners, more or less we were also properties owners who may had same experiences, or a lot luckier than these EC owners. or future owners that concern the loopholes and traps that these developers can play, learn a thing or two and be cautious in the future when they are finally into the property ladder.
debbierowe
post Mar 18 2016, 03:59 PM

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QUOTE(nookie188 @ Mar 18 2016, 03:51 PM)
indeed, so very important taking this case as an example..if every buyer takes the trouble and time to scrutinize the spa before signing, chances are developers are less likely to try to take advantage..
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The thing is this Dev do HAD good reputation ... Until now I guess.

That teach everyone a lesson, no matter how good it look from the outside.. Maybe one day even developers like Sime Darby, IJM, Ecoworld also cannot be trusted ...
debbierowe
post Mar 18 2016, 06:16 PM

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QUOTE(nookie188 @ Mar 18 2016, 04:03 PM)
MEH had a good reputation before? I don't think so judging from their previous build in empire subang for eg..
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despite the explosion, which no one was injured and no casualties hence forgotten and forgiven, empire subang was a success. they also have a list of past projects which completed and sold out. and, before this chaos, even if googled hard, cannot find much complaints on them unlike developers like Mayland etc. All these not sure but pretty sure still, its the excellent PR and Marketing team's effort, plus that Party of Century ... everything that actually convinced that they are reputable, now seemed more like cover up
debbierowe
post Mar 18 2016, 06:23 PM

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QUOTE(jinsailoo @ Mar 18 2016, 04:54 PM)
MEH repo not good before this happen,

as you can see ecoworld, t&t, BRDB those top tear developer selling above market price ppl will still buy
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because they r top tier that's why they sell above market price people still buy, buy for thinking they are reliable, worth the paying more, and if also the buyers like new development instead of hunting down sub sales.

QUOTE(lch78 @ Mar 18 2016, 05:13 PM)
Empire Subang is consider a lucky venture for MEH. One unit SOHO was selling for 200k only. The concept is unique then, and the market likes it. All buyers make money from that investment. But this is before the property boom. During the boom, the selling price can touch 600k.

MEH banked on ES success to venture into Empire Damansara. Of course, this was during the boom period, MEH made tons of money. Buyers as well. I guess this make them to dream bigger.

I had seen Empire Subang quality first hand, it was consider very bad that time. Then Empire Damansara came to fruition and it makes ES workmanship looks minor.
I guess when Empire City comes to fruition later, it will make ED workmanship looks minor as well.

MEH is never a good developer from start.
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the irony everyone is expect the EC will be the same as the ES until all hell broke lose

QUOTE(netboy @ Mar 18 2016, 06:08 PM)
1. I'm not owner of any unit in EC
2. I didn't say that Mr Lim was wrong. I was just curious why is he continuing to fight the legal battle when he repeatedly clarified that he's not an owner.

Based on a speculation, there's various reasons behind Mr Lim's action. Still, whether the photos are the actual unit or not, only he knows. Regardless, I think he did his part by making the photos went viral and gave current owners a kind of "wake up call". Whether the whole issue is a real "truth" or not, maybe time will tell. My best wishes to all owners.

---

Regarding Subang Empire, it is true that the entire building's (including mall and SOHO) workmanship is substandard. I frequent ES and has a few friends who owns units upstairs so from Day 1, already can see some poor finishing. ES's success literally comes from great retail tenant mix and decent location. With such good retail shops it's bound to be a success as a "neighborhood mall" around SS15-16 area. If the management team didn't bring in the current crop of retail tenants, it could've been a flop years ago.

Just look at ES's direct competitor (not Parade, but First Subang, now known as SS15 Courtyard). Similar concept but First Subang's failure to bring in good retail tenants were their downfall.
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he continued fight for legal because he got served, twice.

Whatever it is VC CCC CPC HDA SPA etc etc... There owners already started paying instalment for 6-9months+ for a place that they cannot enter, do not have keys, not even have doors, no lift, no facilities nothing. Kinda understand Mr Lim position here, he has nothing to lose, albeit, maybe, nothing to gain except promoting his electrical appliance shop a bit. For owners, most of them are hoping for the best, keep paying instalment instead of having a bad credit in the future, ruining owns lives, and finger-x the developer will eventually finish the units, rather not piss them off by going legal or dispute. That may explained why owners are keeping quiet.

But still, thanks to Mr Lim that open cans of worms and still keep going... i.e. Instead of clarify why owners have no keys but already paying instalment, they issued LAD for Mr Lim, instead of clarify the real unit is fit for VP and show the photos of the actual complete unit, while they just keep emphasise Mr Lim showed the "wrong floor" which is the hotel. And it's a condo, not landed, without facilities, proper common areas, accessibility, how to live in, or even start renovate with that kinda finishing? Regardless which floor.

This project also has a quite-affordable price range for its location, with mostly small units below 500sq ft. Attracted a lot of first time home buyers, mostly want to stay there and get out of being a high rental victim of Klang Valley, a few buy-to-let investor, few flippers, and even less or maybe none overseas speculators that bought like 10-20 units. It's looking really bad and negative for the owners. Feel very sorry for them.

For those of us here that are not owners, more or less we were also properties owners who may had same experiences, or a lot luckier than these EC owners. or future owners that concern the loopholes and traps that these developers can play, learn a thing or two and be cautious in the future when they are finally into the property ladder.

This post has been edited by debbierowe: Mar 18 2016, 06:29 PM
debbierowe
post Mar 18 2016, 11:48 PM

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QUOTE(soitsuagain @ Mar 18 2016, 08:25 PM)
Maybe Empire Subang. But Empire Damansara is plague with shoddy workmanship. It is so bad that owners have to wait for their rectification work to do own renovation. A lot of them are pissed but they don't mind cause of the real appreciation value and it is completed. However, EC and remix is a problem. And they want to built EC2!! What do they want to rush for. Surely they don't give a damn about reputation.
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Wonder after this who would want to buy EC2 and the rest of the projects... But still, Malaysians mudah Lupa, if eventually they did plate everything and handover keys nicely and with that location, the property will appreciate more likely and also good rental , ppl will tend to rich for EC2 again...

QUOTE(SANGKANCIL2000 @ Mar 18 2016, 09:48 PM)
auction soon ? smile.gif
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Already got one spotted at iproperty at 320k , but who wants lol
debbierowe
post Mar 19 2016, 01:02 PM

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QUOTE(nookie188 @ Mar 19 2016, 10:09 AM)
my fren who bought into one of their earlier projects, and yes, made good money, also
bought a unit of EC .. She has taken her keys and now paying for maintenance and loan instalment
but has managed to sell off her unit now pending issuance of CCC before the completion process can move forward.  She did say no more MEH projects for her...fortunately for her, she managed to get a buyer so soon and at quite a decent price..

but I reckon if MEH wants to sell EC2, they  must throw in lots and lots of goodies to "blind" buyers esp
those who have no knowledge of the current problems at EC
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Meaning her unit is in a liveable condition?

QUOTE(satrianeo-x @ Mar 19 2016, 12:48 PM)
Got.
debbierowe
post Mar 20 2016, 05:33 AM

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Still a fcking joke. Owners got VP, got keys, paying installment, paying maintenance. But need to make appointment in order to go into own place, and not allowed to vacant. that place still in a mess (although better than the first time pictures posted, but still not liveable).

Stay far far away from Mommoth Empire.
debbierowe
post Mar 20 2016, 04:41 PM

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QUOTE(icemanfx @ Mar 20 2016, 03:42 PM)
Those bought to flip and have limited reserve will soon be exhausted if not already. Expect foreclosure sale by year end.
Based on the above, buyers would have no case against the developer but to service bank loan diligently.

Some liked to claim if there is no risk, there is no gain. They profited from flipping because they took the risk. Hope they had this risk covered.
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Flippers/investors of buy-to-let should be less worrying group, they are experienced and this should not be their first property, and they may have calculated their sustainability and holding power.

Those true victims maybe those yuppies first time home buyers, who seek to get out of the high rental market, they are now paying rent as well as the mortgage, while waiting for ccc. I really hope these group of buyers can pull through. For those locals who has an option to still staying with parents, luckier lo.
debbierowe
post Mar 21 2016, 03:32 AM

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QUOTE(Giant @ Mar 20 2016, 11:23 AM)
user posted image

guys please look at the floor number paper , it looks like last min print our from the printer and paste it up  sweat.gif
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QUOTE(Giant @ Mar 20 2016, 09:31 PM)
actually develoepr will learn after mr lim incident, all "VP" after today developer might bring the owners to this floor...

and change the paper outside the lift to 17 E, 16E, 20 E........
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Good point.
debbierowe
post Mar 21 2016, 03:38 AM

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QUOTE(aspartame @ Mar 20 2016, 11:36 PM)
And you are trying to steer people into thinking all the news lately is just scare tactics by "potential buyers" cause you are now shitting bricks holding on to your units trying to dispose to naive buyers? Am I right or wrong?  tongue.gif
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LOL. Even if no Mr Lim incident, who wants to buy something that has no CCC , cannot move in, cannot start renting, and had to start paying installment...? And the CCC date is God-knows-when. Whatever it is Mr Lim or not, buyers are screwed, until they eventually get their CCC

debbierowe
post Mar 22 2016, 08:09 PM

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QUOTE(Informationiac @ Mar 22 2016, 11:55 AM)
Maisson Ara Damansara happened the same thing too. owner need to apply extra 200k of bank loans as top up i heard.

Can elaborate more on the Ambank news? so the 900k is confirm loaning to MEH?
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we call that "Ghost gazumping"
debbierowe
post Mar 22 2016, 08:13 PM

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Some reads on ghost gazumping http://www.bbc.co.uk/news/business-28463521

Happens everywhere with different loopholes to apply by developers/sellers
debbierowe
post Mar 22 2016, 09:05 PM

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QUOTE(youknowwhoami @ Mar 21 2016, 09:37 AM)
Forget about that developer show the actual pic, like you guys will believe? From the day Lim posted, what i read thru here is... "people wants to listen something bad, dont even bother about the fact,  flame those who talking good about the dev, what is FACT? is the comments around here make all become so called facts"
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Wah fonts size up and caps wor.
FACTS?

Even if no Mr Lim incident, owners has no CCC , cannot move in, cannot start renting, and had to start paying installment.And the CCC date is God-knows-when. Whatever it is Mr Lim or not, buyers are screwed, until they eventually get their CCC

Owners do want to hear something good. Do u have something good to deliver? Do MEH?


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